Estonia vs Latvia: Economic Outlook No 115 — Private final consumption expenditure
Economic Outlook No 115 — Private final consumption expenditure over time
- Estonia
- Latvia
How they compare
Latvia currently reports 18.53 billion against 13.90 billion in Estonia, a difference of 4.64 billion.
That makes Latvia's figure about 1.3 times Estonia's.
Across all 31 years both countries report, Latvia has been ahead every year.
Estonia ranks 8th and Latvia ranks 7th of 8 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.94 billion | 7.65 billion | 2.71 billion | Latvia |
| 2000s | 8.29 billion | 11.74 billion | 3.45 billion | Latvia |
| 2010s | 10.43 billion | 14.54 billion | 4.11 billion | Latvia |
| 2020s | 13.40 billion | 17.30 billion | 3.90 billion | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — private final consumption expenditure, Estonia or Latvia?
- Latvia, at 18.53 billion against 13.90 billion in Estonia as of 2025.
- What is the difference in economic outlook no 115 — private final consumption expenditure between Estonia and Latvia?
- 4.64 billion, with Latvia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia and Latvia rank globally for economic outlook no 115 — private final consumption expenditure?
- Estonia ranks 8th and Latvia ranks 7th of 8 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Private final consumption expenditure, volume. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP